5T Wealth LLC Sells 10,455 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

5T Wealth LLC cut its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 54.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,774 shares of the company’s stock after selling 10,455 shares during the period. 5T Wealth LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $527,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JQUA. Private Trust Co. NA grew its holdings in JPMorgan U.S. Quality Factor ETF by 3.2% during the 1st quarter. Private Trust Co. NA now owns 13,121 shares of the company’s stock worth $741,000 after acquiring an additional 403 shares in the last quarter. Investor s Fiduciary Advisor Network LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 3.0% during the 1st quarter. Investor s Fiduciary Advisor Network LLC now owns 63,095 shares of the company’s stock worth $3,562,000 after acquiring an additional 1,856 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in JPMorgan U.S. Quality Factor ETF by 2.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 653,937 shares of the company’s stock worth $36,928,000 after acquiring an additional 12,886 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in JPMorgan U.S. Quality Factor ETF during the 1st quarter worth about $207,000. Finally, Stratos Wealth Partners LTD. grew its holdings in JPMorgan U.S. Quality Factor ETF by 16.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 468,110 shares of the company’s stock worth $26,434,000 after acquiring an additional 64,517 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $62.72 on Friday. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $63.74. The firm’s 50-day moving average is $62.52 and its two-hundred day moving average is $60.26. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93.

About JPMorgan U.S. Quality Factor ETF

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.